How FG raked in N10tn VAT under Buhari – NBS
The Federal Government has raked in N10.1tn from the collection of Value Added Tax under administration of the President Muhammadu…
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Value Added Tax (VAT)
FG hits N600bn VAT in second quarter of 2022 – NBS
The National Bureau of Statistics (NBS) says the aggregate Value Added Tax (VAT) was reported at N600.15 billion for second…
South-South Governors resolve to join VAT suit in Supreme Court
Governors of South-South states, on Monday, resolved to join the suit currently before the Supreme Court over the collection of…
No plan to increase VAT, others – FG
The Federal Government has refuted speculations it plans to increase the Value Added Tax (VAT) and other taxes in its proposed…
FG generates N424.71bn VAT in Q3 2020 – NBS
The National Bureau of Statistics (NBS), says the Federal Government generated N424.71 billion as Value Added Tax (VAT) in the…
Discos to reflect 7.5% VAT on transactions Feb 1
There are indications that power distribution firms across the country plan to reflect the new Value Added Tax of 7.5 per cent…
FG begins implementation of Finance Act, 7.5% VAT on transactions
The Federal Government has commenced the immediate implementation of some aspects of the Finance Act with the implementation of…
Nigeria generates N28.6trn from oil, non-oil sources in five years
The Nigeria Extractive Industries Transparency Initiative (NEITI) said that N28.58 trillion was remitted to the Federation…
Nigeria approves 2.2 per cent increment in Value Added Tax
A new Value Added Tax (VAT) of 7.2 percent has been approved for Nigeria by the Federal Executive Council (FEC), Minister of…
FG generates N311.94bn from VAT in Q2 – NBS
The Federal Government has generated N311.94 billion from Value Added
Tax (VAT) in the second quarter of 2019, the National…